Tag: VAT cut in Albania

Home VAT cut in Albania
Businesses require the cut of VAT
Post

Businesses require the cut of VAT

Tirana Chamber of Commerce and Industry has announced the compilation of a fiscal package which will be presented to Ministry of Finances with the purpose of reviewing the 2015 budget by the Ministry. This fiscal package will be sent at the Ministry within October and one of the most important requests will be the cut...

Ministry of Finances: 0% VAT applied for many services and subjects
Post

Ministry of Finances: 0% VAT applied for many services and subjects

Albanian government has published the latest changes on VAT law for various services and subjects. According to the new law of VAT which was introduced at the Parliamentary Committee of Economy by Minister of Finances Shkelqim Cani, the following subjects/services are free from VAT: national postal service, health service and medicaments, educational service, insurances and...

Confindustria upholds VAT cut for machinery and equipment
Post

Confindustria upholds VAT cut for machinery and equipment

Industry representatives in Albania have upholded the decision of the Parliamentary Committee of Economy for the cut of VAT for machineries and equipments, a decision taken based on the draft projects presented by Ministry of Finances. According to Confindustria, the placement of VAT for machineries that are used in the production process, would be a...